8/1 Asling Street, Brighton VIC 3186
8/1 Asling Street, Brighton VIC 3186
Retirement-village apartment | modern finishes | lift + pool amenity | walkable Brighton pocket | downsizer appeal
This property is positioned within the Brighton on Bay complex, a contemporary retirement-living development in one of Brighton’s most walkable pockets near Martin Street and Gardenvale Station. The interior is finished to a high standard, with stone benchtops, European appliances, fully tiled bathrooms, and double glazing. Lift access, parking, and resort-style amenities are provided by the building, including a heated indoor pool, spa, gym, and library. That combination of modern quality and hotel-like shared facilities is genuinely rare in Brighton at this price level. The property is best suited to downsizers, retirees, and investors seeking low-maintenance bayside living. Rental appeal is supported by the location, and sought-after school catchments add further convenience.
Value may be influenced by the unit’s floor level, orientation, and aspect, which affect natural light and outlook. Resale terms may be affected by retirement-village exit conditions or management fees, so those should be reviewed carefully. These factors might be offset by condition and presentation, which have proven to be strong demand drivers for renovated units in the complex.
Detailed Independent Property Report prepared by PropCred Analyst team for 8/1 Asling Street, Brighton VIC 3186
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
1
Income Risk
2
Execution Risk
2
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Market Insight
Brighton VIC retains prestige bayside appeal, yet the current pricing cycle is mixed. House medians range from $3.125m to $3.31m, with annual growth flat to -8% depending on source; REIV records a 2.8% quarterly dip. Units are the weak spot: Property.com.au shows a 13.8% annual price decline, and REIV an 8.8% quarterly fall. Underlying rental demand is firm—vacancy is a constrained 0.6% against the 3% healthy benchmark, house rents have risen 8% annually, and rented house volumes are up 19%. This is drawing interest from investors seeking yield, while high-income owner-occupiers sustain the premium house segment. The main constraint is affordability and rate sensitivity, with slower unit sales (108 days on market) signalling further downside risk.
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PropCred Estimated Value
Comparable Sales: 113/81 Asling Street sold for $632,500; 208/81 Asling Street sold for $690,000 | Property Price Band: $600K–$700K | Value Drivers: condition and presentation, unit aspect, building amenities
Bedrooms
2
Bathroom
1
Parking
1
Land
1.41 acres
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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